
CLEAN : S. African platinum strikes cost nearly 20
Interactive Video
•
Business, Social Studies
•
10th - 12th Grade
•
Hard
Wayground Content
FREE Resource
The video discusses the investment potential in South Africa's mining sector, focusing on the current strikes in the platinum industry. It highlights the economic impact of these strikes, costing the industry millions daily. The strikes are legal, unlike the illegal strikes of 2012, which reassures investors. However, the ongoing labor unrest creates uncertainty. The platinum sector faces challenges, with nearly half of it being loss-making at current prices, but it holds a promising future. Efforts are underway to resolve the strikes through government-facilitated mediation.
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